Singapore New Transfer Pricing Workshop

About this Event

Transfer pricing is the pricing of goods, services, and intangibles between related parties. The arm’s length principle should be adopted for transfer pricing between related parties. Taxpayers should prepare and keep contemporaneous transfer pricing documentation (TPD) to show that their related party transactions are conducted at arm’s length.

With the advent of Base Erosion and Profit Shifting (‘BEPS’), transparency has become the new norm. Tax Authorities have been armed with loads of information through the exchange of Country-by-Country Report (‘CbCR’).

The world is moving towards greater enforcement of Transfer Pricing regulations and disclosure of cross-border tax affairs and information. InCorp will be conducting a TRANSFER PRICING workshop on 22th March 2019. Topics to be covered include introduction about Transfer Pricing regime in Singapore.

Talking Points

What is Transfer Pricing

Introduction to Singapore Transfer Pricing regime

Why is it important for the businesses

Arm’s length principle and comparability analysis

Transfer Pricing Documentation: Master File and Local File

Country-by-Country Report

Audit by IRAS – Key trigger areas and Dispute Resolution

Event Details

Date

March 22, 2019

Time

5:00PM to 6:00PM

Venue

30 Cecil Street, #15-08 Prudential Tower, Singapore 049712

Who Should Attend?

Anyone who engage in transactions with related parties, i.e. companies within your Group, be it sister companies, associated companies or subsidiaries.